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Car purchase - December or January?

  • 12-11-2019 2:11pm
    #1
    pummice
    Registered Users Posts: 258 ✭✭


    Thinking of shortly changing my 10 year old car for a 2/3 year old car. Any advantage money-wise of waiting until January compared to buying in December?


Comments

  • #2
    colm_mcm
    Registered Users, Registered Users 2 Posts: 73,478 ✭✭✭✭colm_mcm


    January. What’s left in December is usually overpriced plus the choice is bigger in the new year. I would hold off til February.

    That said the uk import prospect is more attractive now than in the new year because of new taxes.


  • #3
    WacoKid
    Registered Users, Registered Users 2 Posts: 441 ✭✭WacoKid


    https://www.vrt.ie/faq/changes-vrt-budget-2020/

    "The NOx charge will be capped at a maximum of €4,850 for diesel vehicles and €600 for other vehicles."


  • #4
    Idbatterim
    Registered Users, Registered Users 2 Posts: 17,854 ✭✭✭✭Idbatterim


    WacoKid wrote: »
    https://www.vrt.ie/faq/changes-vrt-budget-2020/

    "The NOx charge will be capped at a maximum of €4,850 for diesel vehicles and €600 for other vehicles."

    amazing news! there was me worried that importing an S500 was going to be out of the equation in a year or two! :D


  • #5
    KaneToad
    Registered Users, Registered Users 2 Posts: 3,430 ✭✭✭KaneToad


    colm_mcm wrote: »
    January. What’s left in December is usually overpriced plus the choice is bigger in the new year. I would hold off til February.

    That said the uk import prospect is more attractive now than in the new year because of new taxes.

    Why is whats left in December overpriced? I'm not contradicting you! Just trying to educate myself as I know little about the car trade


  • #6
    bazz26
    Registered Users, Registered Users 2 Posts: 51,297 ✭✭✭✭bazz26


    Because normally dealers drop prices around now to clear trade-ins they already have before the start of the new year when more trade-ins come in against brand new cars.


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  • #7
    colm_mcm
    Registered Users, Registered Users 2 Posts: 73,478 ✭✭✭✭colm_mcm


    KaneToad wrote: »
    Why is whats left in December overpriced? I'm not contradicting you! Just trying to educate myself as I know little about the car trade

    It’s usually costing the dealer more money, either because it’s aged stock or it was taken in against aged stock.


  • #8
    [Deleted User]
    Posts: 5,869 ✭ [Deleted User]


    bazz26 wrote: »
    Because normally dealers drop prices around now to clear trade-ins they already have before the start of the new year when more trade-ins come in against brand new cars.

    So, if they drop the prices now then how is it overpriced?


  • #9
    bazz26
    Registered Users, Registered Users 2 Posts: 51,297 ✭✭✭✭bazz26


    Deleted User wrote: »
    So, if they drop the prices now then how is it overpriced?

    The ones that don't drop their prices are.


  • #10
    BENDYBINN
    Registered Users, Registered Users 2 Posts: 1,865 ✭✭✭BENDYBINN


    A lot of hole digging going on...


  • #11
    Heres Johnny
    Closed Accounts Posts: 2,738 ✭✭✭Heres Johnny


    We bought an Audi a6 2014 on I think 19th December last year. It was a Monday anyway! Was on at 22k and I told the dealer if it checks out by my mechanic I'd buy it that day for 20k. He refused but then he rang me back that afternoon and we struck a deal at 20k.
    Happy out.


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